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The analyst named 7 tokens that will increase significantly in value

2:12 pm, February 14, 2024

The anonymous analyst singled out altcoins that will see a significant increase in value. According to The Flow Horse, a bull market cycle is about to begin, similar to the parabolic rally we saw in mid-2020.

As The Flow Horse told his 200,900 followers on the social platform X, the crypto market is going to go through a «period of insanity.» The analyst explained that it will likely be similar to the extremely bullish price movement of cryptocurrencies in 2020, when bitcoin rose from $ 10,000 to $ 64,000 in less than a year. During the same period, the total market capitalization of altcoins (TOTAL3) soared by almost 1000% from about $ 73 billion to $ 793 billion.

«We are now on the same path. That is why I have been emphasizing that the periods of euphoria we have had recently and any pullbacks should be understood as small scales within a much larger trend and a more unimaginable set of conditions,» the expert said.

In anticipation of a huge rally, The Flow Horse is accumulating several altcoins, including its own assets of smart contract platforms Solana (SOL), Near (NEAR), Sui (SUI), and Avalanche (AVAX). «Investments in some tokens are increasing, and some of them are completely new to me: MINA, SUI, AVAX, SOL, RNDR, WIF, and NEAR.»

In his post on X, a well-known crypto trader Gert van Lagen called Cardano a potential leader of the current bull market. His analysis is largely based on the fundamental advantages of Cardano compared to its competitors Ethereum and Solana.

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BTC

$97,359.80

4.48%

ETH

$3,131.34

0.40%

BNB

$611.71

-0.12%

XRP

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2.35%

SOL

$243.39

2.68%

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